Business in China

There’s no question about it: business is booming in China. Since 1980, China's economy has grown by an average of 9.5 percent a year, roughly the same level that Japan and then Taiwan and South Korea experienced at their postwar peaks.¹

This prosperity makes it an exciting time to work and do business in China with people of character. Although it is known for its export business – it exported $878 billion worth of goods in the first nine months of 2007, up 27 percent from the period last year – there is also tremendous growth domestically.² This growth means a burgeoning middle class, which is fast becoming a target for marketers across the world. 

All of this underscores the country’s need for talented and savvy business people. Working in China offers an amazing opportunity to make a positive contribution to the country and its people. It’s also the chance for individuals to learn and grow by interacting with a culture different from their own.

1. The McKinsey Quarterly, Checking China's Vital Signs,
   November 4, 2004.
2. International Herald Tribune, October 12, 2007.